Parallel Liability Sample Clauses

Parallel Liability. (a) Each Credit Party irrevocably and unconditionally undertakes to pay to the Administrative Agent an amount equal to the aggregate amount of its Obligations (as these may exist from time to time).
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Parallel Liability. In this Section:
Parallel Liability. Each Loan Party irrevocably and unconditionally undertakes to pay to the Collateral Agent an amount equal to the aggregate amount of its Corresponding Liabilities (as these may exist from time to time). The parties agree that:
Parallel Liability. For purposes of this Agreement, “Parallel Liability” means a Loan Party’s undertaking pursuant to this Clause 10.13.
Parallel Liability. (a) Each Credit Party, other than any Credit Party incorporated in Sweden (a “Non-Swedish Credit Party”) irrevocably and unconditionally undertakes to pay to the Collateral Agent an amount equal to the aggregate amount of its Corresponding Liabilities (as these may exist from time to time).
Parallel Liability. The following definitions shall have the meaning assigned in this clause:
Parallel Liability. (a) In this Section 17, (i) "
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Parallel Liability. In this Section 11.07(b), “Corresponding Liabilities” means all present and future liabilities and contractual and non-contractual obligations of a Seller Party under or in connection with this Agreement and the other Transaction Documents, but excluding its Parallel Liability. “Parallel Liability” means a Seller Party’s undertaking pursuant to this Section 11.07(b).
Parallel Liability. (a) Each Guarantor hereby irrevocably and unconditionally undertakes to pay to the Administrative Agent an amount equal to the aggregate amount of its Corresponding Liabilities, as they may exist from time to time.
Parallel Liability. (a) For purposes of this Section 10.26, the following terms have the meanings indicated:
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